The ALL Florida Online Corvette Club








Corvette Top Sites

Go Back   The ALL Florida Online Corvette Club > The Lobby > Member to Member Services

      Photo Gallery Screen Saver!      

Member to Member Services This forum is for members to help, and to seek help from, other members with their expertise and requests for expertise. This is outside of car related stuff, such as repairs, mods, etc. Things like plumbing problems, construction, etc.

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
Unread 05-09-2014, 06:22 PM   #1
Cor66Vette
Senior Member
 
Join Date: Sep 2009
Location: Outtahere
Posts: 1,182
Name :
Cor66Vette has disabled reputation
Default Credit Union help NEEDED

I am in the process of selling my '03 to a fellow in Ft Walton. The deal is ready to go through and there is something that I need to ask of the Credit Union members on the forum.

Part of HIS loan application warrants me to provide to the credit union, a copy of my driver license, and a copy of the vehicle title - and some type of letter of intent to sell. I have no prob with the copy of the title or the letter, but the license thing is rubbing me the wrong way.

My bank, not a credit union, never heard of such a requirement not even the title, since just the VIN should satisfy vehicle value, etc.

I called the credit union in question and spoke with someone there, and the buyer's account was verified, although the banker person didn't sound too sure of herself and couldn't give particulars. When I pushed for details, I was first told that it's part of the paperwork, then she says they need to compare the signatures from the driver license to the signature on the title, and that the tax office needs this information, also.

The title would be signed by me AFTER money changed hands, and the money would have been lent already in order for the buyer to pay me- right?

Guys??? Does any of this sound right?

I had one attempted scam already regarding selling this car, so my suspicions to something amiss are high.

I've checked online and I'm able to see that 2 of the 3 documents- not the license, though are required. I'll make more calls to other credit unions in FL in the morning to see if this is a credit union thing.

I'm hoping there is someone here who might be familiar with this requirement, or where I can go to really verify this to be the case.
Cor66Vette is offline   Reply With Quote
 


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Bauer sees South Florida credit union in better shape than banks RSS Feed Florida News Feeds 0 06-20-2012 06:03 PM
South Florida Credit Union Makes Getting A Mortgage Through A Credit Union Simple RSS Feed Florida News Feeds 0 12-05-2010 06:11 AM
Second Florida credit union fails, taken over by regulators RSS Feed Florida News Feeds 0 09-25-2009 04:50 PM
Space Coast Credit Union completes acquisition of Eastern Financial Florida Credit Un RSS Feed Florida News Feeds 0 06-25-2009 06:05 AM
State takes over Eastern Financial, the largest credit union in South Florida RSS Feed Florida News Feeds 0 04-26-2009 06:12 AM


All times are GMT -4. The time now is 05:20 AM.


Powered by vBulletin® Version
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Page generated in 0.17054892 seconds with 12 queries
All material copyrighted by CorvetteFlorida.com and
the respective owners of the material posted.